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Published on 10/12/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.01 million capped buffered return enhanced notes on indexes

Chicago, Oct. 12 – JPMorgan Chase Financial Co. LLC priced $1.01 million of 0% capped buffered return enhanced notes due Oct. 2, 2025 linked to the least performing of the Dow Jones industrial average, Nasdaq-100 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains the payout at maturity will be par plus 358.3% of the return of the worst performing index capped at par plus 54%. The payout will be par if the worst performing index declines but by no more than the 20% buffer. Investors will lose 1% for every 1% that the worst performing index declines beyond the buffer.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped buffered return enhanced notes
Underlying indexes:Dow Jones industrial average, Nasdaq-100 index and Russell 2000 index
Amount:$1,014,000
Maturity:Oct. 2, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains par plus 358.3% of worst performing index return capped at par plus 54%; par if worst performing index declines but by no more than 20% buffer; 1% loss for every 1% that worst performing index declines beyond the buffer
Initial levels:29,225.61 for Dow, 11,164.78 for Nasdaq, 1,674.931 for Russell
Buffer levels:80% of initial levels
Upside leverage:358.3%
Cap:54%
Buffer:20%
Pricing date:Sept. 29, 2022
Settlement date:Oct. 4, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.45%
Cusip:48133NMS4

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